Middle East: Metal Furniture Market 2020

Metal Furniture Market Size in Middle East

The revenue of the metal furniture market in Middle East amounted to $X in 2017, surging by X% against the previous year. The market value increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern indicated some noticeable fluctuations in certain years. The growth pace was the most rapid in 2008, with an increase of X% y-o-y. The level of metal furniture consumption peaked of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Metal Furniture Production in Middle East

In 2017, the amount of metal furniture produced in Middle East amounted to X units, therefore, remained relatively stable against the previous year. The metal furniture production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016, when it surged by X% y-o-y. Over the period under review, the metal furniture production reached its maximum volume in 2017, and is likely to see steady growth in the immediate term.

Metal Furniture Exports in Middle East

In 2017, approx. X units of metal furniture were exported in Middle East; growing by X% against the previous year. The total exports indicated a tangible growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the metal furniture exports increased by +X% against 2009 indices. The growth pace was the most rapid in 2013, with an increase of X% y-o-y. The volume of exports peaked in 2017, and are expected to retain its growth in the near future.

In value terms, metal furniture exports amounted to $X in 2017. The total exports indicated a remarkable growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the metal furniture exports increased by +X% against 2014 indices. The level of exports peaked in 2017, and are likely to see steady growth in the near future.

Metal Furniture Exports by Country in Middle East

Turkey was the major exporting country with an export of about X units, which reached X% of total exports. It was distantly followed by the United Arab Emirates (X units), constituting X% share of total exports. The following exporters - Oman (X units), Jordan (X units), Lebanon (X units), Kuwait (X units) and Saudi Arabia (X units) together made up X% of total exports.

Exports from Turkey increased at an average annual rate of +X% from 2007 to 2017. At the same time, Kuwait (+X%), Oman (+X%) and Lebanon (+X%) displayed positive paces of growth. Moreover, Kuwait emerged as the fastest growing exporter in Middle East, with a CAGR of +X% from 2007-2017. Saudi Arabia experienced a relatively flat trend pattern. By contrast, Jordan (-X%) and the United Arab Emirates (-X%) illustrated a downward trend over the same period. While the share of the United Arab Emirates (X%) increased significantly in terms of the global exports from 2007-2017, the share of Oman (-X%) and Turkey (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest metal furniture supplier in Middle East, making up X% of global exports. The second position in the ranking was occupied by the United Arab Emirates ($X), with a X% share of global exports. It was followed by Lebanon, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Turkey amounted to +X%. The remaining exporting countries recorded the following average annual rates of exports growth: the United Arab Emirates (-X% per year) and Lebanon (+X% per year).

Metal Furniture Export Prices by Country in Middle East

The metal furniture export price in Middle East stood at $X per thousand units in 2017, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008, when it surged by X% y-o-y. The level of export price peaked of $X per thousand units in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was Lebanon ($X per thousand units), while Oman ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by the United Arab Emirates (+X% per year), while the other leaders experienced more modest paces of growth.

Metal Furniture Imports in Middle East

In 2017, imports of metal furniture in Middle East stood at X units, picking up by X% against the previous year. The metal furniture imports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2017, when imports increased by X% year-to-year. In that year, the metal furniture imports attained their peak volume, and are likely to continue its growth in the immediate term.

In value terms, metal furniture imports amounted to $X in 2017. The metal furniture imports continue to indicate a remarkable growth. In that year, the metal furniture imports reached their peak level, and are likely to continue its growth in the immediate term.

Metal Furniture Imports by Country in Middle East

Saudi Arabia (X units) and the United Arab Emirates (X units) were the major importers of metal furniture in 2017, recording near X% and X% of total imports, respectively. Iraq (X units) occupied the second position in the ranking, distantly followed by Israel (X units), Qatar (X units) and Kuwait (X units). All these countries together took near X% share of total imports. Turkey (X units) and Oman (X units) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Saudi Arabia (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X), the United Arab Emirates ($X) and Israel ($X) appeared to be the countries with the highest levels of imports in 2017, with a combined X% share of total imports.

Saudi Arabia (+X% per year) recorded the highest rates of growth with regard to imports, among the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Metal Furniture Import Prices by Country in Middle East

In 2017, the metal furniture import price in Middle East amounted to $X per thousand units, jumping by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2008, an increase of X% y-o-y. The level of import price peaked of $X per thousand units in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Turkey ($X per thousand units), while Iraq ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the United Arab Emirates (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform